Arcos Dorados Holdings Inc. (ARCO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.22B | 1.27B | 1.19B | 1.14B | 1.08B | 1.14B | 1.13B | 1.11B | 1.08B | 1.18B | 1.13B | 1.04B | 990.79M | 1.02B | 921.7M | 887.89M | 790.68M | 780.29M | 725.84M | 592.7M |
| Revenue Growth % | 12.95% | 10.69% | 5.22% | 2.83% | -0.44% | -2.66% | 0.76% | 6.76% | 9.14% | 15.4% | 22.07% | 17.19% | 25.31% | 30.54% | 26.98% | 49.81% | 40.91% | 28.47% | 55.49% | 102.61% |
| Cost of Goods Sold | 1.08B | 1.09B | 1.05B | 1.01B | 956.88M | 973.56M | 992.52M | 968.33M | 948.99M | 1.01B | 963.87M | 903.75M | 857.85M | 866.58M | 793.2M | 776.13M | 690.39M | 650.78M | 623.01M | 537.33M |
| COGS % of Revenue | 89.01% | 85.75% | 88.1% | 88.44% | 88.88% | 85.08% | 87.55% | 87.17% | 87.76% | 85.86% | 85.67% | 86.86% | 86.58% | 85.07% | 86.06% | 87.41% | 87.32% | 83.4% | 85.83% | 90.66% |
| Gross Profit | 133.63M | 180.47M | 141.89M | 132.04M | 119.71M | 170.66M | 141.16M | 142.57M | 132.36M | 166.19M | 161.25M | 136.77M | 132.94M | 152.04M | 128.51M | 111.76M | 100.29M | 129.51M | 102.82M | 55.37M |
| Gross Margin % | 10.99% | 14.25% | 11.9% | 11.56% | 11.12% | 14.92% | 12.45% | 12.83% | 12.24% | 14.14% | 14.33% | 13.14% | 13.42% | 14.93% | 13.94% | 12.59% | 12.68% | 16.6% | 14.17% | 9.34% |
| Gross Profit Growth % | 11.62% | 5.75% | 0.52% | -7.39% | -9.56% | 2.69% | -12.46% | 4.24% | -0.43% | 9.31% | 25.47% | 22.38% | 32.55% | 17.39% | 24.98% | 101.85% | 175.87% | 66.4% | 227.45% | 266.58% |
| Operating Expenses | 76.75M | 85.07M | -5.29M | 69.58M | 74.56M | 67.74M | 61.34M | 68.01M | 64.81M | 84.4M | 70.17M | 61.88M | 66.65M | 70.53M | 54.59M | 51.12M | 51.95M | 51.75M | 52.08M | 37.55M |
| OpEx % of Revenue | 6.31% | 6.72% | -0.44% | 6.09% | 6.93% | 5.92% | 5.41% | 6.12% | 5.99% | 7.18% | 6.24% | 5.95% | 6.73% | 6.92% | 5.92% | 5.76% | 6.57% | 6.63% | 7.18% | 6.34% |
| Selling, General & Admin | 76.75M | 85.07M | 76.82M | 77.53M | 73.33M | 70.18M | 68.07M | 72.95M | 68.66M | 82.08M | 67.81M | 69.53M | 65.59M | 70.09M | 58.64M | 55M | 55.54M | 63.07M | 53.52M | 49.35M |
| SG&A % of Revenue | 6.31% | 6.72% | 6.44% | 6.79% | 6.81% | 6.13% | 6% | 6.57% | 6.35% | 6.98% | 6.03% | 6.68% | 6.62% | 6.88% | 6.36% | 6.19% | 7.02% | 8.08% | 7.37% | 8.33% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | 434K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Operating Income | 56.88M | 95.4M | 147.18M | 62.46M | 45.15M | 102.92M | 79.83M | 74.56M | 67.55M | 81.79M | 91.08M | 74.89M | 66.28M | 81.52M | 73.91M | 60.65M | 48.35M | 77.77M | 50.74M | 17.82M |
| Operating Margin % | 4.68% | 7.53% | 12.34% | 5.47% | 4.19% | 8.99% | 7.04% | 6.71% | 6.25% | 6.96% | 8.09% | 7.2% | 6.69% | 8% | 8.02% | 6.83% | 6.11% | 9.97% | 6.99% | 3.01% |
| Operating Income Growth % | 25.98% | -7.3% | 84.38% | -16.23% | -33.17% | 25.84% | -12.35% | -0.44% | 1.91% | 0.33% | 23.22% | 23.49% | 37.1% | 4.82% | 45.66% | 240.38% | 810.15% | 258.08% | 1350.14% | 123.06% |
| EBITDA | 111.14M | 147.73M | 197.9M | 110.37M | 91.44M | 146.57M | 125.24M | 119.76M | 110.64M | 125.25M | 128.36M | 109.89M | 99.81M | 112.36M | 102.21M | 91.15M | 78.48M | 106.97M | 81.78M | 47.61M |
| EBITDA Margin % | 9.14% | 11.66% | 16.59% | 9.66% | 8.49% | 12.81% | 11.05% | 10.78% | 10.23% | 10.66% | 11.41% | 10.56% | 10.07% | 11.03% | 11.09% | 10.27% | 9.93% | 13.71% | 11.27% | 8.03% |
| EBITDA Growth % | 21.54% | 0.79% | 58.02% | -7.84% | -17.35% | 17.02% | -2.43% | 8.98% | 10.86% | 11.47% | 25.59% | 20.56% | 27.17% | 5.04% | 24.99% | 91.44% | 233.15% | 105.28% | 205.35% | 201.3% |
| D&A (Non-Cash Add-back) | 54.26M | 52.33M | 50.72M | 47.91M | 46.3M | 43.65M | 45.41M | 45.2M | 43.09M | 43.46M | 37.29M | 35M | 33.52M | 30.84M | 28.29M | 30.5M | 30.14M | 29.2M | 31.03M | 29.8M |
| EBIT | 56.88M | 95.4M | 176.27M | 59.66M | 43.17M | 103.93M | 79.83M | 59.06M | 64.19M | 82.92M | 93.16M | 79.48M | 68.53M | 82.68M | 87.57M | 54.37M | 52.46M | 70.31M | 37.46M | 28.67M |
| Net Interest Income | -14.26M | -8.25M | 40.25M | -18.48M | -16.59M | -8.18M | -8.48M | -14.14M | -16.44M | -5.32M | -4.97M | -12.13M | -9.86M | -7.95M | -7.92M | -24.16M | -10.66M | -9.81M | -14.03M | -13.43M |
| Interest Income | 0 | 0 | 40.25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 14.26M | 8.25M | 0 | 18.48M | 16.59M | 8.18M | 8.48M | 14.14M | 16.44M | 5.32M | 4.97M | 12.13M | 9.86M | 7.95M | 7.92M | 24.16M | 10.66M | 9.81M | 14.03M | 13.43M |
| Other Income/Expense | 3.17M | 1.88M | 29.09M | -21.29M | -18.57M | -11.19M | -4.95M | -29.64M | -19.8M | -17.87M | -2.89M | -7.54M | -7.62M | -6.78M | 5.73M | -30.43M | -6.55M | -8.94M | -27.31M | -2.57M |
| Pretax Income | 60.05M | 97.28M | 176.27M | 41.17M | 26.58M | 91.73M | 74.88M | 44.92M | 47.75M | 63.91M | 88.18M | 67.35M | 58.67M | 74.74M | 79.65M | 30.21M | 41.8M | 68.83M | 23.44M | 15.25M |
| Pretax Margin % | 4.94% | 7.68% | 14.78% | 3.6% | 2.47% | 8.02% | 6.6% | 4.04% | 4.42% | 5.44% | 7.84% | 6.47% | 5.92% | 7.34% | 8.64% | 3.4% | 5.29% | 8.82% | 3.23% | 2.57% |
| Income Tax | 23.82M | 72M | 25.73M | 18.49M | 12.51M | 33.21M | 39.59M | 18.14M | 18.96M | 7.78M | 28.07M | 38.82M | 21.03M | 20.07M | 32.6M | 15.64M | 17.17M | 23.18M | -1.44M | 10.26M |
| Effective Tax Rate % | 39.66% | 74.02% | 14.6% | 44.9% | 47.04% | 36.2% | 52.87% | 40.39% | 39.71% | 12.17% | 31.83% | 57.64% | 35.84% | 26.85% | 40.94% | 51.76% | 41.08% | 33.68% | -6.14% | 67.27% |
| Net Income | 36.14M | 25.17M | 150.43M | 22.59M | 13.93M | 58.4M | 35.21M | 26.63M | 28.51M | 55.78M | 59.72M | 28.37M | 37.41M | 54.49M | 46.87M | 14.48M | 24.5M | 45.56M | 24.7M | 4.93M |
| Net Margin % | 2.97% | 1.99% | 12.61% | 1.98% | 1.29% | 5.1% | 3.11% | 2.4% | 2.64% | 4.75% | 5.31% | 2.73% | 3.78% | 5.35% | 5.08% | 1.63% | 3.1% | 5.84% | 3.4% | 0.83% |
| Net Income Growth % | 159.45% | -56.9% | 327.19% | -15.19% | -51.14% | 4.71% | -41.04% | -6.12% | -23.79% | 2.36% | 27.43% | 95.9% | 52.66% | 19.6% | 89.71% | 193.55% | 182.47% | 106.75% | 183.43% | 105.51% |
| Net Income (Continuing) | 36.23M | 25.28M | 150.54M | 22.69M | 14.08M | 58.52M | 35.29M | 26.77M | 28.79M | 56.13M | 60.11M | 28.53M | 37.64M | 54.67M | 47.04M | 14.57M | 24.63M | 45.65M | 24.88M | 4.99M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.71M | 1.65M | 1.5M | 1.4M | 1.52M | 1.35M | 1.27M | 1.18M | 1.76M | 1.56M | 918K | 715K | 1.02M | 804K | 621K | 503K | 742K | 732K | 680K | 556K |
| EPS (Diluted) | 0.17 | 0.12 | 0.71 | 0.11 | 0.07 | 0.28 | 0.17 | 0.13 | 0.14 | 0.26 | 0.60 | 0.13 | 0.18 | 0.26 | 0.22 | 0.07 | 0.12 | 0.22 | 0.12 | 0.02 |
| EPS Growth % | 157.19% | -57.14% | 317.65% | -15.38% | -52.79% | 7.69% | -71.67% | 0% | -22.22% | 0% | 172.73% | 88.95% | 50% | 18.18% | 83.33% | 244% | 185.71% | 100% | 185.71% | 104.65% |
| EPS (Basic) | 0.17 | 0.12 | 0.71 | 0.11 | 0.07 | 0.28 | 0.17 | 0.13 | 0.14 | 0.26 | 0.60 | 0.13 | 0.18 | 0.26 | 0.22 | 0.07 | 0.12 | 0.22 | 0.12 | 0.02 |
| Diluted Shares Outstanding | 210.66M | 210.63M | 210.66M | 210.66M | 210.66M | 210.66M | 210.66M | 210.66M | 210.66M | 210.65M | 210.63M | 210.63M | 210.59M | 210.59M | 210.59M | 210.59M | 210.64M | 210.48M | 210.48M | 210.36M |
| Basic Shares Outstanding | 210.66M | 210.66M | 210.66M | 210.66M | 210.66M | 210.66M | 210.66M | 210.66M | 210.66M | 210.65M | 210.63M | 210.63M | 210.59M | 210.59M | 210.59M | 210.54M | 210.48M | 210.48M | 210.48M | 207.52M |
| Dividend Payout Ratio | - | 40.17% | 8.4% | 55.96% | 90.74% | 21.64% | 35.89% | 47.46% | 44.33% | 4.96% | 17.64% | 37.13% | 28.15% | 6.27% | 17.97% | 58.17% | 34.36% | - | 0.08% | - |